Minchung Kgil Sells 4,000 Shares of Figure Technology Solutions (NASDAQ:FIGR) Stock

Figure Technology Solutions, Inc. (NASDAQ:FIGR) CFO Minchung Kgil sold 4,000 shares of the stock in a transaction that occurred on Wednesday, August 12th. The stock was sold at an average price of $30.03, for a total value of $120,120.00. Following the completion of the transaction, the chief financial officer owned 491,651 shares of the company’s stock, valued at $14,764,279.53. The trade was a 0.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Minchung Kgil also recently made the following trade(s):

• On Friday, July 24th, Minchung Kgil sold 4,000 shares of Figure Technology Solutions stock. The stock was sold at an average price of $28.13, for a total value of $112,520.00.
• On Tuesday, June 30th, Minchung Kgil sold 4,000 shares of Figure Technology Solutions stock. The shares were sold at an average price of $30.03, for a total transaction of $120,120.00.
• On Wednesday, June 24th, Minchung Kgil sold 4,000 shares of Figure Technology Solutions stock. The stock was sold at an average price of $27.64, for a total transaction of $110,560.00.
• On Monday, June 15th, Minchung Kgil sold 9,117 shares of Figure Technology Solutions stock. The shares were sold at an average price of $30.06, for a total transaction of $274,057.02.

Figure Technology Solutions Trading Down 1.4%

Shares of FIGR stock traded down $0.45 during trading hours on Friday, hitting $31.43. The company had a trading volume of 4,697,277 shares, compared to its average volume of 4,592,169. Figure Technology Solutions, Inc. has a fifty-two week low of $24.11 and a fifty-two week high of $78.00. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.90 and a quick ratio of 1.90. The company’s fifty day moving average is $29.20 and its 200 day moving average is $33.93. The stock has a market capitalization of $5.74 billion and a PE ratio of 54.19.

Figure Technology Solutions (NASDAQ:FIGR) last announced its earnings results on Thursday, August 13th. The company reported $0.35 EPS for the quarter, beating analysts’ consensus estimates of $0.24 by $0.11. The firm had revenue of $218.45 million for the quarter. Research analysts expect that Figure Technology Solutions, Inc. will post 0.92 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have commented on FIGR shares. Piper Sandler dropped their price target on shares of Figure Technology Solutions from $75.00 to $65.00 and set an “overweight” rating for the company in a research note on Wednesday, July 15th. Weiss Ratings upgraded shares of Figure Technology Solutions from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, June 4th. Sanford C. Bernstein raised their price objective on shares of Figure Technology Solutions from $67.00 to $70.00 and gave the company an “outperform” rating in a report on Thursday, August 6th. Needham & Company LLC reaffirmed a “buy” rating and set a $55.00 price objective on shares of Figure Technology Solutions in a research report on Friday. Finally, Wall Street Zen downgraded shares of Figure Technology Solutions from a “hold” rating to a “sell” rating in a research note on Sunday, July 12th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $50.62.

Institutional Investors Weigh In On Figure Technology Solutions

Institutional investors and hedge funds have recently bought and sold shares of the stock. Victory Capital Management Inc. purchased a new position in shares of Figure Technology Solutions during the third quarter worth about $9,221,000. Franklin Resources Inc. acquired a new stake in shares of Figure Technology Solutions in the 3rd quarter valued at about $5,456,000. BNP Paribas Financial Markets acquired a new stake in shares of Figure Technology Solutions in the 3rd quarter valued at about $102,000. UBS Group AG purchased a new position in Figure Technology Solutions during the 3rd quarter worth approximately $7,620,000. Finally, Invesco Ltd. acquired a new position in Figure Technology Solutions during the third quarter worth approximately $25,451,000.

More Figure Technology Solutions News

Here are the key news stories impacting Figure Technology Solutions this week:

• Positive Sentiment: Q2 earnings significantly exceeded expectations: diluted EPS was $0.35 versus the $0.24 consensus estimate, while net revenue reached $225.6 million, up 113% year over year. Net income surged 192% to $87.4 million, and adjusted EBITDA rose 126% to $119.4 million. Figure Technology Solutions Reports Strong Second Quarter 2026 Results
• Positive Sentiment: Marketplace growth remained exceptional: Consumer Loan Marketplace volume increased 132% to $4.3 billion, with Figure Connect accounting for $2.8 billion, or 65% of total volume. The capital-light Connect platform and declining processing costs support operating leverage.
• Positive Sentiment: Management provided a constructive outlook: Figure forecast Q3 Consumer Loan Marketplace volume of $4.8 billion to $5.2 billion, compared with $4.3 billion in Q2. Weekly applications exceeded $1 billion in July, and the company added 102 origination partners during the quarter. Figure Q3 Marketplace Volume Outlook
• Positive Sentiment: Analyst support strengthened: Needham reaffirmed its “buy” rating and maintained a $55 price target, substantially above the recent trading level. Needham Reaffirms Figure Price Target
• Neutral Sentiment: The pending Kiavi acquisition remains on track to close in the second half of 2026 and could expand Figure into adjacent asset classes, but it introduces integration and execution requirements.
• Negative Sentiment: Profitability quality bears monitoring: Net take rate declined to 3.6% from 4.0% a year earlier, suggesting pricing pressure or a changing business mix. FIGR also trades at a relatively elevated earnings multiple, leaving the stock sensitive to any slowdown in growth.
• Negative Sentiment: Reported insider-trading data showed selling rather than buying by company insiders over the past six months, which may temper investor enthusiasm even after the earnings beat.

About Figure Technology Solutions

Figure is building the future of capital markets using blockchain-based technology. Figure’s proprietary technology powers next-generation lending, trading and investing activities in areas such as consumer credit and digital assets. Our application of the blockchain ledger allows us to better serve our end-customers, improve speed and efficiency, and enhance standardization and liquidity. Using our technology, we continue to develop dynamic, vertically-integrated marketplaces across the approximately $2 trillion consumer credit market and the rapidly growing approximately $4 trillion cryptocurrency and digital asset market.